Cheap Apartments for Rent in the 38157 ZIP Code of Memphis, TN from $300 (206 Rentals)
Search the lowest-cost Apartments available for rent right now in the 38157 ZIP Code area of Memphis.

El Dorado

The Residences at Lakeview

Emerald Ridge-New

The District Apartments

Elite Living Residence
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

University Crossings

Emerald Park-New

Grahamwood Place-New

The Trails at Mt. Moriah

Springdale Creek Apartments

Pinebrook Pointe-New

4455 MACON Rd

770 Brower St

1020 Boston St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Cedar Mill Apartments & Townhouses

The Residence Village Green

2922 Hale Ave

Villages at Harrison Creek

Summer Trace Apartments

The Bowery
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

The Local Apartments

Link Apartments® Broad Ave

2367 Forest Ave

Edge at Lakeview

Riverdale

Cherry Creek Apartments

Greenbrook at Shelby Farms

Hickory Grove

Edgewater Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

3193 Forest Glen St

Sycamore Lake

The Park at Hollyford

Stonebrook Apartments

Macon Crossing Apartments

Shadowbrook Townhomes

The Park at New Castle
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Memphis, TN Local Guide

How much does it cost to rent an apartment in 38157?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38157 Studio Apartments | $867 | $581 | $1,888 |
| 38157 1 Bedroom Apartments | $969 | $445 | $16,500 |
| 38157 2 Bedroom Apartments | $1,114 | $445 | $3,395 |
| 38157 3 Bedroom Apartments | $1,389 | $759 | $3,218 |
| 38157 4 Bedroom Apartments | $1,314 | $599 | $2,200 |
Browse Apartments in the 38157 Zip Code of Memphis
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Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.













